The Xbox One’s DVR function affords users with the opportunity to capture actual in-game footage and share it with their friends on Xbox LIVE, which opens up a range of possibilities from bragging rights to sharing those one-in-a-lifetime gaming moments.

At this year’s Eurogamer Expo, Microsoft’s Phil Harrison has revealed that users will also be able to record video commentary and place it within any clip with the Xbox One’s Upload Studio.

Using the Kinect 2.0 sensor, gamers will be able to record footage and then “paste” it within any clip via picture-in-picture–a capability that’s particularly useful for walkthroughs and video tips. The finished video footage can then be shared across the web via friends or publicly across various networks–and if you’d like to keep it private that’s always an option as well.

Earlier this year, Microsoft’s Marc Whitten told the gaming community that the Xbox One’s DVR feature captures footage at a resolution of 720p at 30 frames-per-second. Some games–like Forza Motorsport 5–have been confirmed to support resolutions up to 1080p at 60fps, meaning that there will be a reduction in quality as the footage is downscaled.

The Xbox One’s DVR also has a function called Project Upload which automatically records the last seven minutes of gameplay–a concept that will go hand-in-hand with the Upload Studio software.

With the console’s video editing tools, gamers will be able to customize and create their own video content to share across a variety of social networking streams across the net.

It will be interesting to see the creative ways that gamers make use of the Upload Studio’s myriad capabilities, and we’ll likely see many more walkthroughs as well as crazy off-the-wall moments captured across the Xbox One’s gaming lineup.